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115 Forest Hills Drive

Wilmington, NC 28403

$539,900

$191 per Sq.Ft.

  • Active
  • 4 beds
  • 2.5 baths
  • 2240 Sq. Ft.
  • Residential
  • Built in 1930
  • MLS #100508665
4 beds
2.5 baths
2240 Sq. Ft.
Residential
Built in 1930
MLS #100508665
Redevelopment Opportunity in Forest Hills - Prime .69 Acre Lot. Incredible investment or custom home opportunity in the centrally located Forest Hills neighborhood. Situated on an expansive .69-acre lot, this property is ideal for builders, investors, or homeowners looking to redevelop, expand, or build new. The existing structures offer flexible options — renovate and enlarge the current home, add a multi-car garage, or create functional exterior living spaces. The lot also allows for the construction of an Accessory Dwelling Unit (ADU), offering up to 50 percent of the primary home's square footage, not to exceed 1,200 sq ft — perfect for rental income, guest quarters, or multigenerational living. Whether you're envisioning a luxury custom residence, a dual-living setup, or a resale-ready investment, the potential here is unmatched. The oversized lot also allows ample space for a swimming pool, gardens, play areas, or further expansion. Located minutes from downtown, midtown, top restaurants, businesses, entertainment venues, and local beaches, this property combines location, scale, and versatility. Pricing reflects land value based on comparable sales in the area. Endless possibilities await — bring your vision to life in Forest Hills.


Interior Features

Total bedrooms
4 bedrooms
Full bathrooms
2 full bathrooms
Half bathrooms
1 half bathrooms
Kitchen appliances
Interior features
None
Flooring
Cooling
Heating
Heat pump, electric


Exterior Features

Lot size
0.69 acres
Water front
No
Fencing
Back yard
Exterior features
Brick veneer
Roof
Shingle


HOA Information

HOA
No


Utilities

Utilities
Natural gas available, sewer connected, water connected


Schools

Elementary school
Forest Hills
Middle school
Williston
High school
New Hanover


Other Information

Tax assessed value
$422,000.00
Tax amount
$3,671.40
Tax year
2024
Zoning
R-15


Listing provided courtesy of: Intracoastal Realty Corp. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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About Wilmington

Located on the Southeastern tip of North Carolina and home to more than 100,000 residents, Wilmington is located between the Atlantic Ocean and the Cape Fear River. Wilmington is a charming and contemporary small city with abundant lifestyle options and a thriving business climate.

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Market trends

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